What are the steps we should take if we want to implement an ESOP model in an unlisted company? How is ESOP beneficial for an organization with 200 employees? What are the basic requirements we need to follow if we want to implement ESOPs? What is the vesting period, or what does vesting mean in ESOPs?
From India, Mumbai
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From India, Mumbai
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First, you need to have a scheme in accordance with the law. Based on the board meeting of your management, you can allocate stocks to your employees, deciding on the number you would like to offer, etc. According to the new income tax rules, you also need to pay Fringe Benefit Tax (FBT) on Employee Stock Ownership Plans (ESOPs). There are plenty of websites that provide information about ESOPs.
Thanks,
Usha
From India, Hyderabad
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Thanks,
Usha
From India, Hyderabad
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Hi, Find enclosed one of the ESOP scheme material, hope it would help you in the same... Regards, Amit Seth.
From India, Ahmadabad
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508From India, Ahmadabad
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Thank you usha mam, mam i would like to know what legal procedure we have to follow and which are doccument require for unlisted company Thanks and regards Yuvraj Thombre
From India, Mumbai
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From India, Mumbai
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
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